Prized Melbourne CBD Freehold | Leased to Established and Successful Tenants

Description

CBRE are delighted to offer to the market 267-271 King Street, Melbourne CBD VIC for sale via Immediate Private Sale.

+ A prominent freestanding retail investment in one of Melbourne’s most densely populated and rapidly evolving central business districts, offering a perfect blend of secure “holding income’ and future development upside.
+ Fully leased to three established tenants (Restaurant, Tattoo Studio, and Office), delivering diversified income streams.
+ Fixed annual rental increases of 3.5% and 4.0%, ensuring consistent compounding growth.
+ Prime 212.5 sqm* freehold site featuring a 344 sqm* two-level building with an impressive 11.4m frontage* to King Street and valuable rear access via Altson Lane.
+ Positioned along a bustling 24/7 corridor with 43,000 vehicles passing daily*, benefiting from Melbourne’s premier hospitality, nightlife, and entertainment activity.
+ The most favourable zoning available (Capital City Zone), providing maximum flexibility for a variety of uses and significant long-term redevelopment potential (STCA).
+ Situated in the CBD’s most densely populated pocket, surrounded by high-rise residential towers and premium office buildings, with the local population forecast to double by 2043.
+ Steps from Melbourne’s core infrastructure, including Southern Cross Station (400m – 78 million annual patrons) *, Flagstaff Gardens (350m*), and Queen Victoria Market (500m* – 10 million annual visitors), ensuring permanent tenant demand and foot traffic.
+ Combined Net Rent: $226,335 pa + GST (As at May 2026)

To be sold by Immediate Private Sale

Please contact the exclusively appointed sales team for more information.

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Contact agents
Zomart He 何梓轩
0488 220 830
Rick Jacobson Senior Negotiator
0413 830 083
Alex Brierley Associate Director
+61 447 974447
Jing Jun Heng
+61 411 059 116
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Melbourne, VIC

267-271 King Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 182

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